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904 E 149th St
Bronx, NY 10455

80,000 buildable lot with M1-3 zone · Land For Sale · 0.37 AC

Investment Highlights

  • Over 60,000 vehicles per day
  • M1-3 zoning
  • Total rent is $78,000 annual for 4875 sq ft, $16 per sq ft. Could get about $27.5 per sq ft to increase your annual to $133,800.
  • Commercial FAR of 5 allows for 80,500 sq. ft. buildable and a Facility FAR of 6.5 which allows for 104,659 sq. ft.
  • Corner Lot

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Community Centre
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Medical
  • Religious Facility
  • Warehouse
Total Lot Size 0.37 AC

Description

Spring Sale, Motivated Seller, Lets Make a Deal! Charles Rutenberg Realty Commercial Division has been exclusively retained to arrange for the sale of 904 Bruckner Blvd. located in the highly desirable and gentrifying section of the South Bronx known as Mott Haven. Prime 16,100 Square Foot Corner Lot at Signalized Intersection 140 feet of Frontage on East 149th Street and Bruckner Blvd. Zoning: M1-3 and Located in the Port Morris IBZ Designated Zone Excellent Access to Highways; Airports; MTA Subway Service #2, #5 and #7 Trains; MTA Bus Service Commercial FAR of 5 allows for 80,500 Square Feet Buildable Facility FAR of 6.5 allows for 104,659 Square Feet Buildable Recently Phase One Completed – Clean Report Month to Month Tenants (Total rent is $78,000 annual for 4875 sq ft, $16 per sq ft, under market value). Could get about $27.5 per sq ft to increase your annual to $133,800. Over 60,000 Vehicles per Day

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02601-0048
Land Assessment
£127,679
Improvements Assessment
£227,370
Total Assessment
£355,048

zoning

Zoning Code M1-3 (Light Manufacturing)
M1-3 (Light Manufacturing)
  • Listing ID: 18293334

  • Date on Market: 24/01/2020

  • Last Updated:

  • Address: 904 E 149th St, Bronx, NY 10455

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